scholarly journals PERAN SEKTOR PERTANIAN TERHADAP KINERJA PEREKONOMIAN NASIONAL

2015 ◽  
Vol 14 (2) ◽  
pp. 1-20
Author(s):  
R. Pramono Soedomo
Keyword(s):  
Economic Development ◽  
Crucial Role ◽  
Agricultural Sector ◽  
Government Expenditure ◽  
Input Output ◽  
Model Classification ◽  
Simulation Results ◽  
The Government ◽  
The Impact

The agricultural sector has an important role in the Indonesian economy, it is considering Indonesia as an agricultural country where most of the population work in agriculture. Therefore the necessary support from the government to develop the agricultural sector. This study aims to analyze the impact of government expenditure in the agricultural sector on the performance of the Indonesian economy. The methodology used is the 2005 Input-Output Model classification of nine sectors.Results showed that the index of agricultural output multiplier greater than one indicating that the agricultural sector has a crucial role in the Indonesian economy. Furthermore, simulation results indicate that the impact of increasing government expenditure in the agricultural sector resulting in increased output, income and employment is a sector with the largest employment creation figures.Compared with other sectors, the agricultural sector contributes the largest output. Therefore we need the support and greater attention from the government to ensure the sustainability of the agricultural sector for sustainable economic development..

scholarly journals The Impact of Tourism Development on Economic Development: The Case of Zanzibar

2021 ◽  
pp. 41-50
Author(s):  
Hafidh Ali Hafidh ◽  
Zulekha Ayoub Rashid
Keyword(s):  
Economic Development ◽  
Government Expenditure ◽  
National Income ◽  
Tourism Development ◽  
Small Island ◽  
Stable Relationship ◽  
Long Run ◽  
Study Results ◽  
The Government ◽  
The Impact

Tourism is perceived as one of the world’s fastest growing service sectors and a major source of economic development for many, if not all, developing countries. Zanzibar as a developing country and also is a small island which have small economy, its national income depend much on tourism contribution, Therefore this paper aim to examine the impact of tourisms development to the economic development of Zanzibar, using the data based on annual time series from the period 1989–2019 and also employing Vector Error Correlation Model (VECM) to arrive at conclusions from the data in the study area. The study results found a long-run stable relationship among tourism development and economic development of Zanzibar, there is a positive and significant impact that exists between GDP and international tourism arrivals, inflation and government expenditure respectively while only inflation results show positive but insignificant impact. In order to increase the economic development in Zanzibar through the tourism sector, there is a need for the government and other stakeholders of tourism to put much consideration on this sector so as to improve overall development of Zanzibar economy.

scholarly journals THE STRENGTHENING THE ECONOMIC SECURITY OF THE AGRICULTURAL SECTOR WITH THE HELP OF TERRITORIAL AND PRODUCTION SYSTEMS

2020 ◽  
Author(s):  
Mykola Kravchenko ◽  
Keyword(s):  
Economic Development ◽  
Agricultural Sector ◽  
Production Systems ◽  
Economic Security ◽  
Internal Environment ◽  
Economic Space ◽  
External Threats ◽  
Regulatory Instruments ◽  
The Government ◽  
The Impact

In modern conditions, the impact of destabilizing factors of the external and internal environment is extremely acute, which requires special attention to the study of the problems of strengthening the economic security of the agricultural sector through territorial production systems. The mechanism of interaction between the government and agrarian business in the field of strengthening the economic security of the agricultural sector in foreign countries has been implemented for a long time and is constantly being improved. Socially significant problems, taking into account the growing needs of the population, remain a priority for the mechanism of public-private partnership and are addressed to strengthen the economic security of the agricultural sector. A distinctive feature of the interaction between government and business is how effectively state institutions and management of agrarian business can prevent internal and external threats and eliminate the harmful effects of certain negative components of the external and internal environment. The purpose of the study is to conduct a detailed scientific and practical substantiation of ways to strengthen the economic security of the agricultural sector with the help of territorial production systems in Ukraine and identify areas for improvement of this sector of the economy. Research methods: analysis and synthesis; analytical modeling; comparative analysis; systematization, generalization. Results. The current mechanism for implementing measures through territorial production systems to strengthen the economic security of the agricultural sector is not sufficiently adapted to the national socio-economic space, and therefore there are certain disparities in the implementation of economic development of the country and regions. Current trends in the transformation of socio-economic space confirm the insufficient level of influence of current measures to strengthen economic security of the agricultural sector, and the presence of characteristic asymmetry of socio-economic development of the country and regions requires greater focus on modernization of regulatory instruments, including ways to strengthen economic security -production systems. As a result of the study, further prospects for the implementation of alternative measures to strengthen the economic security of the agricultural sector through territorial production systems, found that each country is characterized by appropriate specifics in implementing measures to strengthen economic security of the agricultural sector, identified effective solutions to enhance implementation measures to strengthen the economic security of the agricultural sector through territorial production systems. The results of the study should be recommended by the legislative and executive authorities of Ukraine and its subjects in the development of state programs to support the strengthening of economic security of the agricultural sector through territorial production systems.

scholarly journals Agricultural Financing and Economic Performance in Nigeria

2020 ◽  
pp. 61-74
Author(s):  
Kelani Fatai Adeshina ◽  
Olunlade Yetunde Tomiwa ◽  
Olubanwo Mosunmola Eniola
Keyword(s):  
Financial Institutions ◽  
Economic Performance ◽  
Agricultural Sector ◽  
Positive Impact ◽  
Government Expenditure ◽  
Unit Root Test ◽  
Parameter Estimates ◽  
Statistical Decision ◽  
The Government ◽  
The Impact

The Agricultural sector which used to be the mainstay of the Nigerian economy in the 1950s, 60s and early 70s is now conceived as a risky and unprofitable venture by financial institutions and government. This is because the financial institutions prefer to give funds to other sectors where payback period is short and return rate is high and also because the agricultural sector is inadequately funded by the government due to low budgetary allocation to the Agricultural sector over the years. The study examined the impact of Agricultural Financing on Economic Performance in Nigeria within the sampled period of 1978-2017. The study specifically attempted to assess the impact of Agricultural Financing on Economic Performance in Nigeria. The study which utilizes data through secondary sources from the Central Bank of Nigeria statistical bulletin were analyzed using the Unit root test, Bound Cointegration test and error correction modelling to empirically estimate the coefficient of parameter estimates. The statistical decision of the analysis is based on 5% (0.005) level of significance. From the result, it was deduced that in the long-run, Agricultural Credit Guarantee Scheme Fund (ACGSF) is the most influential agricultural financing variable (as compared to government expenditure on agriculture and commercial bank credit to agriculture) that contributed to economic performance, as it revealed that (ACGSF) had strong positive impact on the growth rate of the Nigerian economy. The study concluded and strongly maintained that Agricultural Financing contributed poorly to the economic performance of Nigeria within the sampled period basically because of inadequate funding.

Impact of Health and Agriculture Financing on Economic Growth in Nigeria

2021 ◽  
Vol 7 (18) ◽  
pp. 37-58
Author(s):  
Rasaki Olufemi KAREEM ◽  
◽  
Olawale LATEEF ◽  
Muideen Adejare ISIAKA ◽  
Kamilu RAHEEM ◽  
...  
Keyword(s):  
Economic Growth ◽  
Federal Government ◽  
Causal Relationship ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Health Sector ◽  
Series Data ◽  
The Impact

The study focused on the impact of health and agriculture financing on economic growth in Nigeria from 1981 to 2019. The study utilized the time series data which was extracted from Central Bank of Nigeria annual statistical bulletin. Unit Root test was performed with the use of Augmented Dickey-Fuller test in order to ascertain the stationarity of all the variables and they were all found to be stationary at order 1 in the two specified models (composite and disaggregated). Error Correction Model (ECM) was used to analyze the data in order to determine the speed of adjustment from the short run to the long run equilibrium state. Casualty test was used to confirm causal relationship among the variables of interests. The study revealed that Federal Government expenditure in Health sector has a significant effect on economic growth in Nigeria. Federal Government expenditure in Agricultural sector equally had a positive effect on economic growth but surprisingly not significant. Considering the disaggregated form, Federal Government capital expenditure in both Health and Agricultural sectors have positive and statistically significant effect on economic growth while Federal Government recurrent expenditure on health has a positive and statistically insignificant effect in economic. It was also revealed that there is causal relationship among the variables. Based on the findings, the study concluded that Federal Government Expenditure in Health Sectors and Agriculture Sectors have effect on economic growth in Nigeria.

THE IMPACT OF RESEARCH AND DEVELOPMENT INVESTMENT ON AGRICULTURAL SECTOR PERFOMANCE IN KENYA

2017 ◽  
Vol 2 (1) ◽  
pp. 34-57
Author(s):  
John Githii Kimani ◽  
Dr. George Ruigu Ruigu
Keyword(s):  
Research And Development ◽  
Agricultural Sector ◽  
Research Policy ◽  
Trade Openness ◽  
Policy And Practice ◽  
Long Run ◽  
Short Run ◽  
The Government ◽  
Parsimonious Model ◽  
The Impact

Purpose: The purpose of the study was to assess the impact of research and development investment/expenditure on the agricultural sector performance in Kenya.Methodology: The study took the peoples impact assessment direction. The data for this study was collected from various government agencies such as KARI, ASTI, Kenya Agricultural Sector Data compendium website, FAOSTAT, World Bank among others. Co-integration and error correction modeling methods were used in analyzing the data for this study.Results: Co-integration results for both the parsimonious and non-parsimonious model indicated that that there is a long-run relationship among the variables in the agriculture performance in Kenya. Further, findings in this study indicated that the variables under study were insignificant determinants of the long run Total Factor Productivity of the agricultural sector.  Meanwhile, Trade openness was the only significant determinant of the short run agricultural Total Factor Productivity.Unique Contribution to Policy and Practice: This study recommends the institutionalization of policies aimed at ensuring interaction between the various stakeholders in the agricultural sectors. This interaction will ensure that resources are better allocated to reduce duplication of research and dissemination activities. In addition, greater collaboration among the stakeholders will promote and strengthen the connection between research, policy and the application of research findings. The study further advocates that the government should follow a trade liberazation oriented approach to the agricultural sector as opposed to a trade tightening approach.

scholarly journals Government Expenditure and Economic Growth Nexus: Evidence from Nigeria

2016 ◽  
Vol 5 (4) ◽  
pp. 56
Author(s):  
Oyediran, Leye Sherifdeen ◽  
Sanni, Ibrahim ◽  
Adedoyin, Lukman ◽  
Oyewole Olabode Michael
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Least Square ◽  
National Bureau ◽  
Fiscal Discipline ◽  
Secondary Sources ◽  
Economic Development And Growth ◽  
The Government ◽  
The Impact

The need to better the lots of citizens through government expenditure has raised questions on the impact of government expenditure on the economic development and growth of nations. It is against this background that this paper examined the antecedent effect of government spending on the Nigerian economic growth. The general objective of the study is to ascertain the relationship between government expenditure and economic growth in Nigeria; specifically, the study examined: (i) the significance influence of government capital expenditure on economic growth in Nigeria and (ii) the significance influence of government recurrent expenditure on economic growth in Nigeria. The study employed ordinary least square (OLS) multiple regression analysis in estimating the specified model, with the Gross Domestic Product (GDP) as the dependent variable, while Capital Expenditure (CAPEXP) and Recurrent Expenditure (REXP) are the independent variables. Data between 1980 – 2013 were collected from secondary sources through the National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN). Results showed that in Nigeria, there exist a significant relationship between the government expenditure and economic growth. The study therefore recommends instilling fiscal discipline in government expenditures, and putting in place structural mechanisms to act as surveillance on capital spending so as to boost the nation’s human and social capital.

scholarly journals Policies supporting for agricultural cooperatives in Vietnam: An experience from agricultural cooperatives in the Red River Delta

2021 ◽  
Vol 25 ◽  
pp. 126-133
Author(s):  
Hai Ninh Nguyen Thi
Keyword(s):  
Agricultural Sector ◽  
River Delta ◽  
Red River ◽  
Primary Data ◽  
Agricultural Cooperatives ◽  
Red River Delta ◽  
Farm Land ◽  
Advantages And Disadvantages ◽  
The Government ◽  
The Impact

Agricultural cooperatives have been established in Vietnam since the 1950s. During its development, agricultural cooperatives have made significant contributions to the growth of agricultural sector and to the improvement of farmers' income who are members of the cooperatives. Since Vietnam implemented the "Innovation-Doi moi" in 1986, the Government has continued to issue many policies to support for agricultural cooperatives. However, the impact of these policies on the development of almost all agricultural cooperatives has not been as expected. This paper aims to analyze the implementation of several policies supporting for agricultural cooperatives; to identify advantages and disadvantages of these policies; and to propose solutions for improving policies in the furture. In addition to secondary data from the Vietnam Cooperative Alliance, this paper uses primary data collected from 60 agricultural cooperatives in the Red River Delta to analyze the implementation of policies on cooperative staffs training, cooperative finance supporting, and cooperative land supporting. Bascially, the results show that the policy on training cooperative staff is quite well implemented, it helps to improve the capacity of cooperative managers in all surveyed cooperatives. In contrast, the finance supporting policy has many regulations that make it difficult for agricultural cooperatives to access capital, only nearly 30% of surveyed cooperatives get loans for production. Similarly, the land supporting policy also has unreasonable regulations which prevent agricultural cooperatives from scaling-up production because of the lack of farm-land. Consequently, about 60% of surveyed cooperatives are supported to rent farm-land for expanding agricultural production.

scholarly journals THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT (APPLIED STUDY IN KURDISTAN REGIONAL GOVERNMENT)

2020 ◽  
Author(s):  
Amanj Mohamed Ahmed ◽  
Muhammad Nawzad Ali
Keyword(s):  
Economic Development ◽  
Primary Source ◽  
Educational Systems ◽  
Secondary Source ◽  
Probability Method ◽  
Regional Government ◽  
Chi Square ◽  
The Government ◽  
Taxation System ◽  
The Impact

<p><em>This research was carried out to determine the weight of taxation in economic development, the main purpose is to discover the level of impact of taxation on economic development or if it has any impact. Another key objective is to improve the level of understandability and find probable solutions toward issues in taxation within the Kurdistan region, as well as unveiling the Kurdistan Regional Government’s taxation system in compliance with the up to date old Iraqi tax laws. KRG is barely surviving this crisis, with the increase of unemployment and poverty could taxation work as an aid to support the piles of the region. The current corruption in the government that does not use tax money efficiently and lack of transparency has been evaluated. Primary and secondary research methods were used to be able to gather information in order to reach an understanding. The primary source of data includes personal interviews and questionnaires, meanwhile, the secondary source of data includes the use of textbooks, social media, internet, and newspapers. Non-probability method of sampling was used in selecting the respondents. The study used the standard deviation, chi-square formula, and tables for the method of the examination. The results clearly illustrates that the government should</em> <em>commence the critical pursuit of broadening regional economy in order to improve economic growth and expansion and to become meticulous to fight with real corruption. The limitation and resources should be expanded by the government and bring taxation back to life through educational systems and social awareness.</em></p>

scholarly journals Effect of Corporate Tax on Government Expenditure in Nigeria

2021 ◽  
Vol 1 (5) ◽  
pp. 157-171
Author(s):  
Patrick Ologbenla
Keyword(s):  
Income Tax ◽  
Consumer Price Index ◽  
Government Expenditure ◽  
Value Added ◽  
Corporate Income Tax ◽  
Value Added Tax ◽  
Independent Variable ◽  
The Government ◽  
The Impact ◽  
Bound Test

The study investigated the impact of corporate income tax on the government expenditure in Nigeria. Data on corporate income tax, value added tax, interest rate, gross domestic product, petroleum profit tax and consumer price index were collected and used as independent variable in the study while data on public expenditure were collected and used as independent variable in the estimated model. The ARDL bound test was applied and the result showed that corporate income tax have long run relationship that is significant with government expenditure. Other forms of tax such as value added tax and petroleum profit tax also have significant impact on government expenditure. The study concluded that corporate income tax should be sustained in order to ensure that government continue to fulfill her obligation of provision of social amenities that will promote the economic growth of the country.

scholarly journals Agriculture Sector Credit and Output Relationship in Nepal

2020 ◽  
pp. 33-53
Author(s):  
Arjun Kumar Dahal ◽  
Khagendra Kumar Thapa
Keyword(s):  
Commercial Banks ◽  
Agricultural Sector ◽  
Least Squares Method ◽  
Manufacturing Sector ◽  
Agriculture Sector ◽  
Industrial Sectors ◽  
Long Run ◽  
Integration Test ◽  
The Government ◽  
The Impact

Purpose: The purpose of this study is to find out the condition of priority of commercial banks to provide loans to the agricultural sector and to find the relationship and impact of agricultural loans to the agricultural GDP of Nepal. Objectives: This study aims to compare the condition of loan disbursements in agricultural and manufacturing sectors. It further aims to compare loan percent with growth and contribution to the GDP of the agricultural and industrial sectors and tries to show the impact of agricultural loans to the agricultural GDP of Nepal. Methods: It was based on a descriptive and analytical research design. Statistical tools standard deviation, correlation, regression, etc. are used and Excel, and EViews software are used for the statistical calculations. Statistical calculations and graphs are simultaneously used to show and compare the condition of variables. Results: Commercial banks give higher priority to the manufacturing sector for loans than the agricultural sector. The Johansen Co-integration test indicates no long-run relationship between loans of commercial banks and agricultural output in Nepal. However, the least-squares method, it indicates that a positive causal relationship between agricultural loans and agricultural growth. Implications: The loans of commercial banks directly stimulate the growth of agriculture but the amount of growth is less noticeable. Thus, it is concluded that the commercial bank's loan alone cannot affect and control the growth of the agricultural sector of the Nepalese economy therefore the government should increase its expenditure on the agricultural sector.

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